Word: peaking
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...Like millions of other Indians emboldened by the country's booming economy, Goyal, 28, invested in stocks, confident that the seemingly sure profits would pad a comfortable lifestyle. The crash in global markets has been hard for him to accept. India's Sensex has fallen 45% from its peak in January; the Goyal family's net worth, built over years, has been decimated in weeks. From $12,000, their portfolio is down to $4,000 - a loss that totals more than half of Sandeep's annual paycheck from his job with a U.S.-based company. Leaving the room, the father...
...Moore argues that with little exposure to Wall Street's problems and $14 billion in cash, the bank can easily refinance debts. The recent credit crunch, however, has made the market cautious. On Oct. 14 Macquarie Group's shares were trading at around $24 ($A35), two-thirds off their peak of $85 in May 2007. And Babcock & Brown had tumbled from around...
...insisted that the FDIC's coffers need support. Currently the agency has $45 billion in reserves. That may not seem like much next to the $700 billion Paulson just got from Congress, but Bair notes that in the past, the FDIC hasn't needed much. Even at the peak of the savings-and-loan crisis in the late 1980s, when thrifts were closing at the rate of one a day, the FDIC maintained its perfect record of returning every penny of every insured depositor's money, and Bair has preserved that record through 15 bank failures this year. That...
...title. But last year Brown was able to exact revenge on the Crimson in a 3-2 overtime win. Harvard was twice able to come from behind in the second half, but a goal early in overtime propelled the Bears to victory in the match, and to the peak of the league. The Crimson could never really recover from the loss, relinquishing its crown at season’s end. This time around, it is Harvard that finds itself seeking payback. Just like the last two seasons, the winner of tomorrow night’s match will become the heavy...
...actually feel bad for the kids that are trying out,” says Frank A. DeSimone ’09, the Krokodiloes general manager. DeSimone adds that competition between groups reaches its peak during the first week of school. “You have to coordinate the schedules of all the callbacks and there are kids that try out for five or six a cappella groups and are trying to audition for eight or ten hours...